# OWBO 2023 Minority Serving Institutions Wave II

Source: https://welltoldgrants.com/grants/sb-oedwb-23-003-owbo-2023-minority-serving-institutions-wave-ii/  
Official notice: https://www.grants.gov/search-results-detail/349101

> Small Business Administration offered grants of up to $150,000 (at least $75,000) to nonprofits and colleges and universities. It expected to make about 15 awards. Applications closed on August 24, 2023.

| Field | Value |
|---|---|
| Opportunity number | SB-OEDWB-23-003 |
| Agency | Small Business Administration |
| Status | Forecast |
| Deadline | August 24, 2023 |
| Award ceiling | $150,000 |
| Award floor | $75,000 |
| Expected awards | 15 |
| Total funding | not stated |
| Cost sharing | required |
| Assistance Listings | 59.043 |

## Who can apply

- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Private institutions of higher education

An applicant organization selected to receive Federal funding to deliver WBC services under a grant agreement. By statute, only private, nonprofit organizations certified under § 501(c) of the Internal Revenue Code of 1986 can be recipient organizations.

## What the grant funds

The purpose of this FOA is to provide funding for up to fifteen (15) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must or be affiliated with a Minority Serving Institution. Eligible applicants include the following institutions of higher education or their affiliates: Historically Black Colleges and Universities (HBCUs)(as defined in 20 USC §1061), Hispanic Serving Institutions (HSIs)(as defined in 20 USC § 1101a), Tribal Colleges and University (TCUs) (as defined in 20 USC 1059c), Native Hawaiian Serving Institutions (NHSIs)(as defined in 20 USC § 1059d(b)), and Alaska Native Serving Institutions (ANSIs)(as defined in 20 USC § 1059d(b)) of higher learning with existing minority entrepreneurship or related programs. Additionally, those 501c organizations that serve designated Hubzones are eligible to apply.

## Questions people ask

### Is SB-OEDWB-23-003 still open?

No. It closed on August 24, 2023.

### Who can apply for OWBO 2023 Minority Serving Institutions Wave II?

Small Business Administration accepted applications from nonprofits and colleges and universities. The notice adds further conditions, so read its eligibility section.

### What is the deadline for OWBO 2023 Minority Serving Institutions Wave II?

Closed August 24, 2023. Applications are no longer accepted; the program's newer notices are on this page when there are any.

### How much funding is available?

Awards of up to $150,000 each.

### Who has won Women's Business Ownership Assistance grants before?

The largest recipients over five fiscal years were Women's Economic Self-Sufficiency Team, Corp., Wisconsin Women's Business Initiative Corporation, Economic and Community Development Institute, Inc. The program made 683 awards worth $111 million in that time.